Krux
February 10, 2026
Databricks Just Raised $7B and Is Now Worth $134B
Published: February 10, 2026 at 12:45 AM
Updated: February 10, 2026 at 12:45 AM
100-word summary
Databricks closed a monster funding round in February 2026—roughly $5B in equity plus ~$2B in debt capacity—cementing its $134B valuation. That's a wild jump from $62B just 13 months earlier (January 2025, when Meta came aboard). The cash will fuel Lakebase, Genie, and other AI tools as revenue hit a $5.4B run rate, up 65% year-over-year. For context: the data platform went from $100B (August 2025) to $134B in six months, powered by acquisitions like MosaicML ($1.3B, 2023) and Tabular (2024). This could cement Databricks as the enterprise AI infrastructure play ahead of a likely IPO.
What happened
Databricks closed a monster funding round in February 2026—roughly $5B in equity plus ~$2B in debt capacity—cementing its $134B valuation. That's a wild jump from $62B just 13 months earlier (January 2025, when Meta came aboard). The cash will fuel Lakebase, Genie, and other AI tools as revenue hit a $5.4B run rate, up 65% year-over-year. For context: the data platform went from $100B (August 2025) to $134B in six months, powered by acquisitions like MosaicML ($1.3B, 2023) and Tabular (2024).
Why it matters
This could cement Databricks as the enterprise AI infrastructure play ahead of a likely IPO.